NAPLES, BONITA SPRINGS AND ESTERO
Closed Sales

Year-to-date closed sales for Naples, Bonita Springs and Estero are up 9.3% year-over-year.

Closed sales priced above $2 million are up 25.8% through August compared to the same period in 2016 (351 vs. 279).
Over the past 12 months ending August 31, 2017, sales in this category are up 11.6% (451 vs. 404).

New Listings/Inventory

Available inventory on September 1, 2017 consisted of 6,125 units, an increase of 2% over last year. This represents
approximately six months of supply based on current absorption rates.

During the 12 months ending August 31, 2017, there were a total of 20,430 new listings added to the market, an
increase of less than 3% over the same period in 2016.

Average and Median Sales Price

Year-to-date average sales price for the area increased nearly 4% over prior year at $551,065 compared to $531,034
at the end of August 2016. Median price remained similar to prior year at $325,000 compared to $320,000 for the
period in 2016.

Average sales price of properties above $2 million remained approximately the same as last year at $3,811,400.

MARCO ISLAND
Closed Sales

The number of sales year-to-date is up 6.9% with 650 closings vs. 608 for the same period in 2016.

During the 12 months ending August 31, 2017, the Marco Island area had 902 closings, up from 837 for the 12
months ending August 31, 2016.

New Listings/Inventory

Available inventory on September 1, 2017, consisted of 644 single family homes and condominiums. This represents
8.6 months of supply based on current absorption rates.

During the 12 months ending August 31, 2017, there were a total of 1,297 new listings added to the market, down
12% from the prior 12 months.

Average and Median Sales Price

Year-to-date average sales price remained static with prior year at $686,246 vs. $689,288 in 2016.

Over the 12 months ending August 31, 2017, the average price increased 4.8% to $714,524, while median price
for the period was up 5.4% to $569,700.

The Marco Island statistics are obtained from the Marco Island MLS system and include only those sales and current listings on Marco Island and Key Marco.

John R. Wood Properties, Bring Your Highest Expectations.
“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS, Marco Island MLS, Copyright 2017, and the proprietary compilation of that data by John R. Wood
Properties, its employees, and professional statisticians hired by the Wood firm. Accuracy of the information is not guaranteed; it should be independently verified if any person intends to engage in a transaction, relying on such data.”

John R. Wood Properties, Bring Your Highest Expectations.
“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS, Marco Island MLS, Copyright 2017, and the proprietary compilation of that data by John R. Wood Properties, its employees,
and professional statisticians hired by the Wood firm. Accuracy of the information is not guaranteed; it should be independently verified if any person intends to engage in a transaction, relying on such data.”

John R. Wood Properties, Bring Your Highest Expectations.
“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS, Marco Island MLS, Copyright 2017, and the proprietary compilation of that data by John R. Wood Properties, its employees,
and professional statisticians hired by the Wood firm. Accuracy of the information is not guaranteed; it should be independently verified if any person intends to engage in a transaction, relying on such data.”

John R. Wood Properties, Bring Your Highest Expectations.
“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS, Marco Island MLS, Copyright 2017, and the proprietary compilation of that data by John R. Wood Properties, its employees,
and professional statisticians hired by the Wood firm. Accuracy of the information is not guaranteed; it should be independently verified if any person intends to engage in a transaction, relying on such data.”

John R. Wood Properties, Bring Your Highest Expectations.
“The source of this real property information is the copyrighted and proprietary database compilation of Southwest Florida MLS, Marco Island MLS, Copyright 2017, and the proprietary compilation of that data by John R. Wood Properties, its employees,
and professional statisticians hired by the Wood firm. Accuracy of the information is not guaranteed; it should be independently verified if any person intends to engage in a transaction, relying on such data.”

5

Bring Your Highest Expectations™

Island Snapshot Report
Marco Island
12-Month Sold Comparison Report

SINGLE FAMILY HOMES
Monthly Snapshot as of
September 1, 2017

AVAILABLE
INVENTORY

CLOSED
PAST 12 MONTHS

MONTHS
OF SUPPLY

Direct Waterfront

121

119

12.20

$1,353,872

Indirect Waterfront

100

162

7.41

$929,811

8

15

6.40

$499,883

Golf Course

AVERAGE
CLOSED PRICE

Beachfront

6

0

Inland

71

105

8.11

$508,451

Preserve

6

7

10.29

$1,146,429

CONDOMINIUMS
Monthly Snapshot as of
September 1, 2017

AVAILABLE
INVENTORY

CLOSED
PAST 12 MONTHS

MONTHS
OF SUPPLY

AVERAGE
CLOSED PRICE

Direct Waterfront

70

111

Indirect Waterfront

21

26

9.69

$454,192

Golf Course

1

2

6.00

$755,000

Beachfront

141

182

9.30

$805,485

Gulf View

18

28

7.71

$769,232

Inland

72

125

6.91

$248,012

Preserve

9

13

8.31

$372,038

7.57

$358,434

Definitions
Direct Waterfront

Properties with direct waterfront access indicates there are no bridges or the Marco Island
High Span Bridge to navigate to open water.

Indirect Waterfront

Properties with indirect waterfront access indicates there is at least 1 bridge, not including the
Marco Island High Span Bridge, to navigate to access open water.

Golf Course

Properties with frontage on the golf course.

Beachfront

Properties with direct views of the Gulf of Mexico and direct beachfront access.

Gulf View

Properties with direct views of the Gulf of Mexico with NO direct beachfront access.

Inland

Properties with inland similar housing views.

Preserve

Properties with views of a preserve or mangroves.

John R. Wood Properties, Bring Your Highest Expectations.

6

“The source of this real property information is the copyrighted and proprietary database compilation of Marco Island MLS, Copyright 2017, and the proprietary compilation of that data by John R. Wood Properties, its employees, and professional
statisticians hired by the Wood firm. Accuracy of the information is not guaranteed; it should be independently verified if any person intends to engage in a transaction, relying on such data.”